Furthermore, 40% of online shoppers point out that they might not even purchase electronics without consulting online critiques first. Given the shortage of capacity to inspect merchandise earlier than purchase, shoppers are at higher danger of fraud than face-to-face transactions. When ordering merchandise online, the merchandise could not work properly, it may have defects, or it might not be the same item pictured in the online photo. Merchants additionally threat fraudulent purchases if prospects are utilizing stolen bank cards or fraudulent repudiation of the web buy. However, merchants face much less danger from bodily theft through the use of a warehouse instead of a retail storefront. Secure Sockets Layer encryption has typically solved the issue of credit card numbers being intercepted in transit between the consumer and the service provider.
However, criminals are continuously responding to these developments with new ways to manipulate the system. Even though online retailers are …